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The Rolex Daytona Is the Most Expensive Wristwatch Ever Sold. What Makes It So Valuable?

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In 1975, James Dowling, now a Rolex historian who authored a book about the brand, went to buy his very first proper watch. He had his eyes on a GMT, the aviation-inspired timepiece with a slick dual-colored dial. Before he handed his credit card over to the salesman, though, he…

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